e-gold broke laws that were not in place when they started. PayPal was accused of pretty much the same things and managed to negotiate their way to compliance. e-gold had pretty much attempted to do that since they first attracted attention.
They like many other startups also went under the misconception that if you structure things outside the US, you're safe (you're not). US businesses like google are facing similar situations in the EU regarding data privacy rules.
> e-gold broke laws that were not in place when they started.
That kind of thing happens out there in the real world. Keeping abreast of the regulatory environment you operate in is part of doing business.
How exactly does the US enforce its laws in countries (or on businesses) that exist outside the US? It sounded like e-gold didn't just have some paper corporation, but an entire, multi-national structure of protection.
"Be civil. Don't say things you wouldn't say in a face to face conversation."
In terms of "be wary of regulations"... well... yeah. But do you think anyone would vote for an article about me trying to serve alcohol to 20 year olds in the US? Following the laws should be one of those things that people basically take for granted. Whether those laws are sensible ones is most likely best left to other forums, with, perhaps, the exception of very pertinent things, like software patents.